Page 39 - PowerPoint Presentation

Earnings Per Share

Contingently Issuable Shares

• If all the conditions relating to the issue of contingently

issuable shares are satisfied, those shares will be included in

the basic earnings per share and diluted earnings per share

calculation.

• The number of contingently issuable shares to be included in

the diluted earnings per share calculation is based on the

number of shares that would be issuable if the end of the

reporting period was the end of the contingency period.

• The following adjustments are required for calculating diluted

earnings per share if contingently issuable shares are in

existence:

• No adjustments are made to earnings.

• The weighted average number of shares should be increased with the
additional shares that will be issued, assuming that conditions at the

end of the reporting period remain unchanged until the end of the

contingency period.
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